herrkaschel

Pump Alerts

My very first indicator in Pine Script with two alert conditions for trading bots.
It's based on "Pump Catcher" by @joepegler

I modified some parts, hopefully improved the usability and enabled alerts, so you can use it to trigger bots like 3commas via webhooks.

Pump Alerts 🚀 attempts to "detect moments of abnormal and accelerating increase in volume" AKA "pumps". Small and big pumps.
I recommend using it on small timeframes like 1 to 15 min and tinkering with the lookback period as well as threshold values.
Other than that it's pretty self-explanatory and beginner-friendly.

Free and Open Source. Let me know how you use it!
Open-source Skript

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Möchten Sie dieses Skript auf einem Chart verwenden?